The market size for ventilating or recycling hoods incorporating a fan in Portugal, with a maximum horizontal side less than 120 cm, reached 40.31 million Euros in 2023. The market exhibited a steady growth trend from 2015, climbing from 16.56 million Euros to its current value, with a notable compound annual growth rate (CAGR) of 6.55% over the past five years. Recent years have seen a continued year-on-year increase, with 2022 and 2023 recording 6.36% and 5.91% growth, respectively.
Future trends to watch for:
- Increased consumer preference for energy-efficient models.
- Innovations in smart home technology incorporating hoods.
- The impact of global supply chain disruptions on production and pricing.
- Potential for market saturation affecting growth rates.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 294,500,000 | 2023 | +3.2% | +2.31% | View data |
| 2 | 2 France | 171,620,000 | 2023 | -0.26% | -1.53% | View data |
| 3 | 3 United Kingdom | 122,380,000 | 2023 | -0.099% | +0.58% | View data |
| 4 | 4 Netherlands | 93,127,000 | 2023 | +2.98% | +1.23% | View data |
| 5 | 5 Portugal | 40,310,000 | 2023 | +5.91% | +6.55% | |
| 6 | 6 Denmark | 23,889,000 | 2023 | +1.77% | +2.16% | View data |
| 7 | 7 Ireland | 7,226,900 | 2023 | +4.7% | +3.56% | View data |
